Russian Federation: Staff Report for the 2001 Article IV Consultation and Post-Program Monitoring Discussions

International Monetary Fund

No 2002/074, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper assesses the Russian Federation’s 2001 Article IV Consultation and Post-Program Monitoring Discussions. Improved economic performance and reduced external vulnerability were reflected in a strengthening of financial market indicators in 2001. The Russian stock market doubled in U.S. dollar terms, bond spreads narrowed significantly, and rating agencies upgraded Russia’s debt. The near- to medium-term outlook remains favorable. The recent successes in building up strong external and fiscal positions should enable Russia to deal with the current less favorable external environment with the prevailing policy framework.

Keywords: ISCR; CR; surplus; spending surge; tariff; February; director; utility tariff; surpluses of the federal government; debt service; federal budget; Oil prices; Inflation; Fiscal stance; Exports; Global; Europe (search for similar items in EconPapers)
Pages: 50
Date: 2002-04-04
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=15763 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2002/074

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().